New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 31, 2012
09:39 EDTMGLNMagellan Health says health plan customer will not renew contract
Magellan Health Services disclosed in a regulatory filing that it currently provides behavioral health management services to a commercial health plan customer pursuant to a contract with a term ending December 31, 2013. The company’s revenue pursuant to such contract for the nine months ended September 30, 2012 was approximately $144.5M. Magellan said the customer has informed the company that, after a competitive evaluation process, it has decided not to renew its contract with the company and to contract with another behavioral health management vendor. Since the contract expires on December 31, 2013, the notice by this customer that it will not renew the contract will have no effect on the company's previously issued guidance for 2013, Magellan stated.
News For MGLN From The Last 14 Days
Check below for free stories on MGLN the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 28, 2014
08:17 EDTMGLNMCO sell-off provides buying opportunity, says Leerink
Subscribe for More Information
July 25, 2014
06:44 EDTMGLNMagellan Health sees FY14 adjusted EPS $2.67-$3.32, consensus $2.40
Sees FY14 segment profit $238M-$258M; Sees FY14 cash flow from operations $204M-$226M
06:43 EDTMGLNMagellan Health reports Q2 adjusted EPS 39c, consensus 57c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use